6301 E U S HY 290 TX 78723
| Owner | CROCKETT PARTNERS LTD |
|---|---|
| Parcel ID | 0225150241 |
| Short ID | 225529 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 61,408 SF |
| Land SF | 268,635 SF |
| Acres | 6.167 |
| Year Built | 1972 |
| Legal | ABS 789 SUR 57 WALLACE J P ACR 6.167 |
| Neighborhood | 51NEA |
| Land | $8,059,050 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,059,050 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,742,524 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,742,524 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,742,524 |
| Taxable Value | $6,742,524 |
|---|
Appreciation: Market value has risen +46.1% from $4,613,600 (2021) to $6,742,524 (2025), a CAGR of 10.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $137,985. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 120% of market value ($8,059,050 land vs $0 improvements), about $30/SF of land. With value concentrated in the land under a ~54-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $6,742,524, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,834,296 by 2030, with an estimated annual tax burden around $204,090. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 187,800 SF | ✗ |
| 491 | SPRINKLER HEADS | 61,408 SF | ✗ |
| 1ST | 1st Floor | 30,704 SF | ✓ |
| 2ND | 2nd Floor | 30,704 SF | ✓ |
| 501 | CANOPY | 1,746 SF | ✗ |
| 482 | LIGHT POLES | 3 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $62,381.83 | $62,381.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $35,331.97 | $35,331.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $25,341.44 | $25,341.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,957.73 | $7,957.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,971.77 | $6,971.77 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $137,984.74 | $137,984.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,742,524 | $6,742,524 | +0.0% |
| Assessed Value | $6,742,524 | $6,742,524 | +0.0% |
| Land Value | $8,059,050 | $8,059,050 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $6,742,524 | $6,742,524 | +0.0% |
| Total Tax 2026 = estimate |
~$137,985
Estimated
|
~$137,985
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,742,524 | $6,742,524 | +0 (+0.0%) |
| Taxable Value | $6,742,524 | $6,742,524 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,742,524 | $8,059,050 | — | — | $6,742,524 | $6,742,524 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,742,524 | $8,059,050 | — | — | $6,742,524 | $6,742,524 | ~$137,985 | Partial |
| 2024 | $5,525,523 | — | — | — | $6,742,524 ! | $— | $133,624 | Verified |
| 2023 | $5,263,980 | — | — | — | $5,525,523 ! | $— | $99,970 | Verified |
| 2022 | $4,784,567 | — | — | −$2,098,217 | $2,686,350 | $— | $103,960 | Verified |
| 2021 | $4,613,600 | — | — | −$1,927,250 | $2,686,350 | $— | $104,145 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +22.0% | +22.0% | ~100% | 1.9800% | Verified |
| 2023 | +5.0% | +5.0% | ~100% | 1.8100% | Verified |
| 2022 | +10.0% | +10.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.1% | +10.0% | +22.0% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 90.2% | — | 122.0% | 2024 | 56.1% | 2022 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$137,985 | $115,937 | ~$175,676 | $137,985 | 2025 | $99,970 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,413,412 | ~$7,413,412 | ~2.0139% | ~$149,301 | +10.0% |
| 2027 | ~$8,151,054 | ~$8,151,054 | ~1.9814% | ~$161,504 | +20.9% |
| 2028 | ~$8,962,093 | ~$8,962,093 | ~1.9488% | ~$174,657 | +32.9% |
| 2029 | ~$9,853,830 | ~$9,853,830 | ~1.9163% | ~$188,828 | +46.1% |
| 2030 | ~$10,834,296 | ~$10,834,296 | ~1.8837% | ~$204,090 | +60.7% |
| 2026 | ~$7,278,562 | ~$7,278,562 | ~2.0465% | ~$148,955 | +8.0% |
| 2027 | ~$7,857,215 | ~$7,857,215 | ~2.0465% | ~$160,797 | +16.5% |
| 2028 | ~$8,481,871 | ~$8,481,871 | ~2.0465% | ~$173,580 | +25.8% |
| 2029 | ~$9,156,189 | ~$9,156,189 | ~2.0465% | ~$187,380 | +35.8% |
| 2030 | ~$9,884,115 | ~$9,884,115 | ~2.0465% | ~$202,277 | +46.6% |
| 2026 | ~$7,548,263 | ~$7,416,776 | ~1.9977% | ~$148,162 | +12.0% |
| 2027 | ~$8,450,288 | ~$8,158,454 | ~1.9488% | ~$158,995 | +25.3% |
| 2028 | ~$9,460,106 | ~$8,974,299 | ~1.9000% | ~$170,513 | +40.3% |
| 2029 | ~$10,590,598 | ~$9,871,729 | ~1.8512% | ~$182,745 | +57.1% |
| 2030 | ~$11,856,186 | ~$10,858,902 | ~1.8024% | ~$195,718 | +75.8% |
In 2025, this property's market value of $6,742,524 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $6,742,524 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,525,523 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,263,980 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,784,567 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,613,600 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.